I recently bought a foreclosure house. It is on a narrow lot with a garage on it. While the house was vacant the neighbor came and dug up the leach fields for the house I just bought. He told me it was to detour peopl...
Hey BP,
I recently wrote a post about a potential MFH deal where it was listed at 139K and we went into contract at 115K. I already knew I needed at least 5K in repairs for one of the units for carpets/walls/...
The tenant l am thinking of getting is in construction. I do need to change the flooring and I cannot afford that right now. It’s 3 k Sq feet house . The quotes and getting is anywhere from 5 to 10,000 from other c...
Just throwing this out there to hear peoples opinions. I don’t know the answer myself, that’s for sure. Everyone is always talking about housing inventory being low. 18 months ago my husband and I drove across country...
I just went under contract on 3 all brick duplexes that have window unit heating and cooling. local PMs are telling me thats going to limit my rental cap. they said 50$ a month more for non window unit. these are ...
My husband's W-2 income is projected to be more then 150k. I've heard that it's not possible to take passive loss in that case. I am not employed currently and heard I can qualify as RE professional if certain amount...
I’ve been wholesaling properties for almost five years and it is wholesalers I’m about to tell you about that give wholesalers a bad name, and as you’ll see, agents too. I'll cut to the chase...
July 7th, 2020; I ent...
Hello everyone;Im in a pickle and would love some insight into how to handle it. I have a tenant who’s lease is up at the beginning of January. This particular property has forced air heat and the tenant is responsibl...
Hello,
Yesterday I changed the guts of my toilet for the first time. Missing from my tool box was a pair of 4 inch channel locks which would of saved me a ton of time and frustration.
So here is my question to the ...
While I realize that rules of thumb like the 1% rule cannot replace proper due diligence and thorough analysis, they can help focus time/energy. Does anybody have any helpful rules of thumb that can be applied to a sh...